Airbnb Host Taxes in Florida - 2025 Guide

Updated for 2025 (Filing 2024 Taxes)

Is Airbnb Host income taxable in Florida?

Yes, even though Florida doesn't have a state income tax, income earned as an Airbnb host is absolutely taxable at the federal level. The IRS considers Airbnb hosting a business, and you'll need to report your earnings and expenses using Schedule C (Profit or Loss From Business) when you file your federal income tax return (Form 1040). You'll report your net profit (income minus expenses) on Schedule C, and that amount will then be added to your overall income on Form 1040.

Florida Specifics: Because Florida has no state income tax, you won’t need to file a state income tax return related to your Airbnb income. However, you are still responsible for fulfilling all federal tax obligations.

Top Tax Write-offs for Airbnb Hosts

As an Airbnb host, you can significantly reduce your tax liability by claiming eligible business expenses. Here are some common deductions:

• Mortgage Interest & Property Taxes: If you own your property, you can deduct the portion of your mortgage interest and property taxes that relate to the time the property is used for rental. If you rent out only a portion of your home, you'll need to allocate these expenses based on the percentage of your home used for rental.
• Utilities: Expenses like electricity, gas, water, internet, and cable are deductible, again allocating the portion used for rental purposes if it's not exclusively a rental property.
• Cleaning & Maintenance: Costs associated with cleaning services, repairs, and general maintenance of the rental property are deductible. This includes things like lawn care, pool cleaning, and minor repairs.
• Mileage: When you use your personal vehicle for business purposes related to your Airbnb (e.g., picking up guests, going to the store for supplies), you can deduct mileage. For 2024, the standard mileage rate is approximately 67 cents per mile. Keep a detailed log of your business mileage, including dates, destinations, and business purpose.
• Airbnb Fees: The fees Airbnb charges you for using their platform are a deductible business expense.
• Supplies: Costs for items provided to guests, such as toiletries, linens, and paper products, are deductible.

The 15.3% Self-Employment Tax Surprise

Many Airbnb hosts are surprised to learn about self-employment tax. When you work as an employee, your employer pays half of your Social Security and Medicare taxes. As a self-employed individual (which you are as an Airbnb host), you're responsible for both the employer and employee portions. This combined tax is 15.3% (12.4% for Social Security and 2.9% for Medicare) on your net earnings from self-employment.

You'll calculate this tax on Schedule SE (Self-Employment Tax). However, you only pay self-employment tax on profits over $400. The good news is that you can deduct one-half of your self-employment tax from your gross income on Form 1040, which helps reduce your overall tax liability.

Closing Tip for Florida Residents

As a Florida resident, you benefit from not having state income tax. However, diligent record-keeping is crucial to maximize your federal tax savings as an Airbnb host. Keep detailed records of all income and expenses, and consider using accounting software or consulting with a qualified tax professional to ensure you're taking advantage of all available deductions. Proactive tax planning can save you significant money and avoid potential issues with the IRS.